- Sol Strategies agreed with ATW Partners to release a convertible note of $ 500 million.
- Capital will be used exclusively to buy Solana currencies, and Staped to provide regular returns.
- Solana PRICE will benefit strongly from the deal, especially after the last upper end.
Sol Strategies Inc. (CSE: HODL), an investment company that focuses on the development and growth of the Solana (SOL), is the largest deal to obtain more coins. On Wednesday, April 23, during the American trading session in the mid -month of the north, Sol Strategies announced that it had signed an agreement with ATW Partners to issue a convertible memorandum of up to $ 500 million.
According to the announcement, Sol notes strategies will issue a total amount of $ 20 million as the first initial closure. The first slide of the deal will be closed by May 1, 2025.
The agreement will provide an additional capacity of $ 480 million. The acquired SOLS will be skipped and the joint return between investors is generated.
“This is the largest financing facility of its kind in the Solana ecosystem and the first is directly related to the return at all. By securing up to half a billion dollars of strategic capital, we double our condemnation in Solana and we are obligated to this excitement, which is the leading Stoke Platform. male.
Impact on the price of Solana
The convertible notes will play a decisive role in the long -term growth prospects for Solana. Moreover, its success will attract more institutional investors, and enhance Sol’s budgets.
From the point of view of technical analysis, Sol PRICE has successfully recovered after 42 percent in the past two weeks. In the daily time frame, the Sol price was a large amplified structure, with the next goal above $ 300.
Moreover, the daily MACD indicators and relative power indicators (RSI) may actually threaten the upscale feelings.
